Benson Hill has transferred ownership of its Seymour, Indiana crushing facility, which it had operated since 2021, to White River Soy Processing for about $36m in gross proceeds, subject to working capital and other adjustments.
The insect protein industry is moving away from vertical integration as companies realize this approach is not scalable, but the biggest barrier to growth is securing sustainable feedstock for larvae, says Israel’s FreezeM.
Eat & Beyond Global Holdings Inc, an investment company focused on the plant-based and alternative protein sector has completed the acquisition of 50% of the shares and 100% of outstanding capital warrants in Canadian BSFL producer, Goldbloom Enterprises...
In the first major pet food packaging update in more than 40 years, the Association of American Feed Control Officials (AAFCO) has approved new labeling guidelines that include standardized nutrition information, clear ingredient statements, and storage...
A new study, conducted by Decision Innovation Solutions (DIS), on behalf of the American Feed Industry Association (AFIA), estimates that this year the US animal food industry, including indirect and induced effects, will generate $267.1bn in sales.
A new report has highlighted the threat to category 3 animal fat supply for the EU feed and pet food industries by their increasing use as feedstocks in biofuels, an issue recently raised by FEFAC and FEDIAF.
After successfully closing a €8.5m (US$9.3m) Series A financing round last September, led by Astanor Ventures, FoodLabs, Happiness Capital and Faber, alt protein producer, MicroHarvest, has raised €1.5m from new investment partner Simon Capital.
Protein innovator, Arbiom, says aquaculture is still a target market for the company, as it releases the results of a new scientific study evaluating the effectiveness of its alt protein ingredient, SylPro, in pet food.
Finland based startup, eniferBio, has generated €11m (US$12.05m) in a series A funding round, led by Dutch aquaculture investment fund, Aqua-Spark, with Tesi, Valio, Voima Ventures and Nordic Foodtech VC also participating.
French insect-based ingredients producer, Ÿnsect, is to increase its focus on high-margin markets like pet food and human consumption. It is also closing a production plant in the Netherlands and letting around 20% of its staff go.
MicroHarvest has been selected as a winner in the 2023 BloombergNEF (BNEF) Pioneers awards, which recognize early-stage companies working to introduce technologies and products that can push the world to a net-zero global economy.
FEDIAF, the EU pet food industry organization, warns about the threat to its sector, along with the animal feed and oleochemicals industries of the use of category 3 animal fats in European biofuel production.
There is increasing use of processing animal proteins (PAPs) in European feed formulations, but market and regulatory constraints are still proving a barrier to greater take-up of those ingredients within that sector, say representatives of the EU rendering...
The Yield Lab Asia Pacific is the latest investor in Asian insect ingredient developer, Protenga. The Singapore-based company’s most recent funding round also saw participation from SEEDS Capital and JBI Innovations.
Arbiom has received a grant of €12m (US$13.2m) from the France Relance investment program. The French-US company is focused on the production of proteins for feed and food applications, based on the use of agricultural and wood residues.